Coronation Global (South Africa) Price on September 19, 2024
| 0P000161AF | 2.61 0.03 1.16% |
If you're considering investing in Coronation Fund, it is important to understand the factors that can impact its price. As of today, the current price of Coronation Global stands at 2.61, as last reported on the 2nd of December, with the highest price reaching 2.61 and the lowest price hitting 2.61 during the day. Coronation Global appears to be slightly risky, given 3 months investment horizon. Coronation Global Equity secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the fund had a 0.25% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Coronation Global Equity, which you can use to evaluate the volatility of the entity. Please makes use of Coronation Global's Risk Adjusted Performance of 0.2026, mean deviation of 0.8371, and Downside Deviation of 0.8124 to double-check if our risk estimates are consistent with your expectations.
Coronation Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Coronation |
Sharpe Ratio = 0.2482
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 0P000161AF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Coronation Global is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Coronation Global by adding it to a well-diversified portfolio.
Coronation Global Valuation on September 19, 2024
It is possible to determine the worth of Coronation Global on a given historical date. On September 19, 2024 Coronation was worth 2.24 at the beginning of the trading date compared to the closed value of 2.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coronation Global fund. Still, in general, we apply an absolute valuation method to find Coronation Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Coronation Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coronation Global's related companies.
| Open | High | Low | Close | Volume | |
| 2.22 | 2.22 | 2.22 | 2.22 | 1.00 | |
09/19/2024 | 2.24 | 2.24 | 2.24 | 2.24 | 1.00 |
| 2.24 | 2.24 | 2.24 | 2.24 | 1.00 |
| Backtest Coronation Global | | | Coronation Global History | Previous | Next |
Coronation Global Trading Date Momentum on September 19, 2024
| On September 20 2024 Coronation Global Equity was traded for 2.24 at the closing time. The highest price during the trading period was 2.24 and the lowest recorded bid was listed for 2.24 . There was no trading activity during the period 1.0. Lack of trading volume on September 20, 2024 did not affect price variability. The overall trading delta to the current price is 1.79% . |
Price Boundaries
Coronation Global Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Coronation Global Equity cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Coronation Global December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Coronation Global fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coronation Global shares will generate the highest return on investment. By undertsting and applying Coronation Global fund market strength indicators, traders can identify Coronation Global Equity entry and exit signals to maximize returns
Coronation Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coronation Global's price direction in advance. Along with the technical and fundamental analysis of Coronation Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coronation to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2026 | |||
| Jensen Alpha | 0.2385 | |||
| Total Risk Alpha | 0.0906 | |||
| Sortino Ratio | 0.1737 | |||
| Treynor Ratio | 1.13 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |